Risk Strategies buys Ladmar Group
Risk Strategies has announced its acquisition of Ladmar Group, a retail employee benefit firm located in Hauppauge, New York.
The terms of the deal were not disclosed.
Formed by Phil Fierro and Linda Marra, Ladmar Group provides customised employee benefits solutions and advice with an array of value-added services including strategic planning, carrier rate negotiation, compliance assistance and enrolment support. The firm also offers Medicare products in the small employer and individual market.
“In a time of tight labour markets and environment of rising health care costs, specialty expertise in crafting employee benefit plans that fit business goals is vital,” said John Greenbaum, Risk Strategies national employee benefits practice leader. “Ladmar’s expertise and proven track record makes them a great fit with our approach to client success.”
“Ladmar’s success was founded on our years of experience and ability to collaborate to solve complex client challenges,” said Linda Marra, managing partner Ladmar Group. “Becoming part of Risk Strategies allows us to continue this collaborative, expertise-driven approach to client service and scale our business with a broad range of new capabilities.”
In addition to customized employee benefits solutions and advice, Ladmar also offers its client base an array of value-added services. The firm’s clients span a broad range of industry types including chemicals, fashion, environmental, healthcare and manufacturing.